Stone Ridge Asset Management LLC purchased a new stake in Weis Markets, Inc. (NYSE:WMK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,271 shares of the company’s stock, valued at approximately $756,000. Stone Ridge Asset Management LLC owned 0.07% of Weis Markets as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Jefferies Group LLC lifted its stake in shares of Weis Markets by 105.4% in the 4th quarter. Jefferies Group LLC now owns 11,487 shares of the company’s stock valued at $475,000 after purchasing an additional 5,895 shares during the period. Sapphire Star Partners LP acquired a new position in shares of Weis Markets in the 4th quarter valued at $400,000. AXA acquired a new position in shares of Weis Markets in the 4th quarter valued at $877,000. Citadel Advisors LLC lifted its stake in shares of Weis Markets by 148.9% in the 4th quarter. Citadel Advisors LLC now owns 24,178 shares of the company’s stock valued at $1,001,000 after purchasing an additional 14,464 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Weis Markets by 10.5% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 151,652 shares of the company’s stock valued at $6,277,000 after purchasing an additional 14,404 shares during the period. 33.18% of the stock is currently owned by institutional investors.

How to Become a New Pot Stock Millionaire

Shares of Weis Markets stock opened at $38.31 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.76 and a quick ratio of 0.74. Weis Markets, Inc. has a 1 year low of $31.26 and a 1 year high of $62.88. The company has a market cap of $1,035.04, a price-to-earnings ratio of 10.47 and a beta of 0.65.

Weis Markets (NYSE:WMK) last released its quarterly earnings data on Tuesday, March 13th. The company reported $0.54 EPS for the quarter. Weis Markets had a net margin of 2.84% and a return on equity of 5.17%. The business had revenue of $883.75 million during the quarter.

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 26th. Investors of record on Monday, February 12th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.13%. The ex-dividend date of this dividend was Friday, February 9th. Weis Markets’s dividend payout ratio is currently 32.79%.

Separately, TheStreet downgraded Weis Markets from a “b-” rating to a “c” rating in a research note on Friday, December 8th.

TRADEMARK VIOLATION NOTICE: “18,271 Shares in Weis Markets, Inc. (WMK) Purchased by Stone Ridge Asset Management LLC” was first posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another domain, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The original version of this piece can be read at https://www.watchlistnews.com/18271-shares-in-weis-markets-inc-wmk-purchased-by-stone-ridge-asset-management-llc/1956886.html.

Weis Markets Company Profile

Weis Markets, Inc is engaged principally in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products.

Want to see what other hedge funds are holding WMK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Weis Markets, Inc. (NYSE:WMK).

Institutional Ownership by Quarter for Weis Markets (NYSE:WMK)

Receive News & Ratings for Weis Markets Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Weis Markets and related companies with MarketBeat.com's FREE daily email newsletter.